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We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple …
Persistent link: https://www.econbiz.de/10008558586
information and vary how long players have to wait before changing output. We find that (i) the facilitating role of flexibility …
Persistent link: https://www.econbiz.de/10011084106
We analyse an experimental public goods game in which group members can endogenously determine whether they want to supplement a standard voluntary contribution mechanism with the possibility of rewarding or punishing other group members. We find a large and positive effect of endogenous...
Persistent link: https://www.econbiz.de/10005114368
We develop a model of search among substitutes for the best combination of commodity variant and price, in which the structure of search costs can be manipulated by the suppliers of these variants, e.g. by joining an existing market or opening a new one. We analyse the subgame perfect equilibria...
Persistent link: https://www.econbiz.de/10005136540
We run an experiment in which students of different European nationalities are matched in groups of five and repeatedly …, nationality and number of siblings. The region of origin, "North" or "South" is a major determinant of success in the experiment …
Persistent link: https://www.econbiz.de/10008468504
profits. Our simulations show that reducing MTRs broadly in line with the recent European Commission Recommendation to either …
Persistent link: https://www.econbiz.de/10008468563
majority is divided as a result of information imperfections. The minority backs a third alternative, which the majority views … as strictly inferior. The majority thus faces two problems: aggregating information and coordinating to defeat the … minority candidate. Two types of equilibria coexist under plurality: either voters aggregate information, but this requires …
Persistent link: https://www.econbiz.de/10011083533
Two groups of voters of known sizes disagree over a single binary decision to be taken by simple majority. Individuals have different, privately observed intensities of preferences and before voting can buy or sell votes among themselves for money. We study the implication of such trading for...
Persistent link: https://www.econbiz.de/10011084134
We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy and sell their votes with each other. We define the concept of Ex Ante Vote-Trading Equilibrium, identify weak sufficient conditions for existence, and construct one such...
Persistent link: https://www.econbiz.de/10008534095
We examine the effect of single-sex classes on the pass rates, grades, and course choices of students in a coeducational university. We randomly assign students to all-female, all-male, and coed classes and, therefore, get around the selection issues present in other studies on single-sex...
Persistent link: https://www.econbiz.de/10011079135